Why has Cenhomes.vn become a leading online property price valuation tool?

The Cenhomes.vn interface – a proptech pioneer in Vietnam

The power of digitalisation

Digital transformation has become an inevitable trend in the real estate market, with many companies, organisations, and investment funds pouring billions of dollars into the race. Some notable tech platforms include Compass, Hover, Realty Shares, Opendoor, and Purplebricks.

Proptech provides information and connections, making transactions more flexible, smooth, and cost-efficient. Digitalisation also contributes to improving transparency in the real estate market, limiting speculative price increases, under-the-table transactions, and money laundering through property.

In Vietnam, real estate digitalisation is the direction chosen by many corporations and large enterprises through investing in or acquiring proptech startups. The scale of the real estate market is expected to reach $21 billion, which, coupled with the country's young population and high internet penetration, presents ample opportunities for proptech to grow and thrive.

By proactively adapting and pursuing a comprehensive digital transformation strategy, real estate firms can increase accessibility, improve the experience for customers, expand their markets, and increase revenues.

One such deal is Cen Land's acquisition of a 100 per cent stake in the proptech platform Cenhomes.vn. The acquisition has contributed to the growth of the company, enriching Cen Land's real estate ecosystem.

The tool to remove the bottlenecks with property valuations

The strength of Cenhomes.vn lies in its application of modern technologies such as AI, VR, and AR. The decisive factor that enabled the platform's breakthrough lies in big data and online property valuations in partnership with Cen Value, a leading valuation company.

To stay ahead of the curve, Cenhomes.vn has spent many years mobilising resources and strengthening its finances to research and develop the platform. The company aims to provide optimal benefits to customers and brokers. The site contributes to promoting information lookups, facilitating transactions, and securing bank loans more easily, quickly, and conveniently.

One of its unique selling points is the ability to look up online real estate prices quickly. Users can visit gianhadat.cenhomes.vn to search for real estate prices with immediate results (within 2 seconds) and high accuracy, completely free of charge in certain cases.

Real estate prices on Cenhomes.vn are not only displayed in real time, they are also regularly added and adjusted, so users can feel secure when evaluating the latest property prices. In addition, the platform also has a vivid display with a map showing the selling prices for different time periods in each area.

Thanks to these outstanding advantages, Cenhomes.vn is highly appreciated by many experts and investment funds. A number of large banks are also accompanying the platform to exploit, share, and contribute to the online property valuation features. As a result, customers and financial institutions receive effective support in identifying the true value of real estate, facilitating asset transfers and mortgages.

Thanks to technology, this property search and valuation tool reduces subjectivity and ensures the transparency and effectiveness of transactions. Cenhomes.vn aims to provide comprehensive solutions during the digital transformation period to solve market problems, increase liquidity, and contribute to the sustainable development of Vietnam's real estate market.

Cen Land – Big winner at Dot Property Vietnam Awards 2020 Century Land JSC (HSX: CRE) has won the Dot Property Vietnam Awards 2020 for Vietnam's Best Real Estate Agencies and Vietnam's Best Property Consultancy Firms.

Cen Land makes it on Forbes Asia's Best Under a Billion Century Land JSC (HSX: CRE, Cen Land) is one of six Vietnamese companies in Forbes Asia's Best Under a Billion list, which highlights the 200 leading public companies in the Asia-Pacific region with annual revenue under $1 billion.

Cen Land sets 2021 revenue target touching $175 million Cen Land (HSX: CRE) has set revenue and profit targets for 2021 of VND4 trillion ($173.9 million) and VND355 billion ($15.4 million) with the aim of dominating the market from the beginning of the year.